LVMH Chairman & CEO Bernard Arnault with $160 Billion Fortune & Energy Drink Red Bull to Increase Shareholdings from 70% to 85% in France 2nd-Tier Football Club Paris FC by 2027, Arnault Family Currently to Own 52% & Red Bull 11% with Deal to Finalise on 29th November 2024, Current Majority Shareholder Pierre Ferracci Now Retains 30% Shareholding, Arnault Family to Own 70% and Red Bull 15% by 2025

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LVMH Chairman & CEO Bernard Arnault with $160 Billion Fortune & Energy Drink Red Bull to Increase Shareholdings from 70% to 85% in France 2nd-Tier Football Club Paris FC by 2027, Arnault Family Currently to Own 52% & Red Bull 11% with Deal to Finalise on 29th November 2024, Current Majority Shareholder Pierre Ferracci Now Retains 30% Shareholding, Arnault Family to Own 70% and Red Bull 15% by 2025

21st November 2024 | Hong Kong

LVMH Chairman & CEO Bernard Arnault with $160 billion fortune & energy drink Red Bull will increase their combined shareholdings from 70% to 85% in France 2nd-tier football club Paris FC by 2027, with Arnault family currently to own 52% & Red Bull 11% and deal to finalise on 29th November 2024.   Current majority shareholder Pierre Ferracci now retains 30% shareholding.  By 2027, Arnault family will own 70% and Red Bull 15%, for a combined 85% shareholding of Paris FC.  In 2024 October, Bernard Arnault & energy drink Red Bull have been reported to be buying 70% stake in France 2nd-tier football club Paris FC, with the Arnault family to own around 55% to 56% and Red Bull to own 15%.  Current Paris FC majority shareholder Pierre Ferracci will own around 30% after the transaction.  In 2024 June, Bernard Arnault appointed his son Frederic Arnault (Age 29) as Director of family holding company Financiere Agache.  Frederic Arnault is currently the Chairman & CEO of LVMH Watches.  Bernard Arnault family holding company Financiere Agache owns 96% of holding company Christian Dior, which owns 42% of LVMH.  LVMH has a current market value of $414 billion (6/6/24).  In 2024 February, LVMH CEO Bernard Arnault eldest son Antoine Arnault bought a $18.8 million property in France Parcs de Saint-Tropez.   In 2023 June, billionaires Tesla CEO Elon Musk with $234 billion fortune and LVMH Chairman & CEO Bernard Arnault with $225 billion fortune had lunch together in Paris (France) on 19th June 2023 (Friday).  Elon Musk mother (Maye Musk) and Bernard Arnault 2 sons (Antoine Arnault & Alexandre Arnault) joined in the lunch in Paris too.  Elon Musk is in Paris to attend the 7th Viva Technology Conference (14th to 17th June 2023), organized by Publicis Groupe (3rd Largest Communications Group) and Les Echos (France newspaper).  Elon Musk, Bernard Arnault, Co-Founder of Salesforce Marc Benioff, and France President Emmanuel Macron are speakers of the event (7th Viva Technology Conference). 

“ LVMH Chairman & CEO Bernard Arnault with $160 Billion Fortune & Energy Drink Red Bull to Increase Shareholdings from 70% to 85% in France 2nd-Tier Football Club Paris FC by 2027, Arnault Family Currently to Own 52% & Red Bull 11% with Deal to Finalise on 29th November 2024, Current Majority Shareholder Pierre Ferracci Now Retains 30% Shareholding, Arnault Family to Own 70% and Red Bull 15% by 2025 “

- Article continues below -

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LVMH Chairman & CEO Bernard Arnault with $190 Billion Fortune & Energy Drink Red Bull to Buy 70% Stake in France 2nd-Tier Football Club Paris FC with Arnault Family to Own Around 55% to 56% and Red Bull to Own 15%, Current Majority Shareholder Pierre Ferracci Will Own Around 30% 

12th October 2024 – LVMH Chairman & CEO Bernard Arnault with $190 billion fortune & energy drink Red Bull have been reported to be buying 70% stake in France 2nd-tier football club Paris FC, with the Arnault family to own around 55% to 56% and Red Bull to own 15%.  Current Paris FC majority shareholder Pierre Ferracci will own around 30% after the transaction.  In 2024 June, Bernard Arnault appointed his son Frederic Arnault (Age 29) as Director of family holding company Financiere Agache.  Frederic Arnault is currently the Chairman & CEO of LVMH Watches.  Bernard Arnault family holding company Financiere Agache owns 96% of holding company Christian Dior, which owns 42% of LVMH.  LVMH has a current market value of $414 billion (6/6/24).  In 2024 February, LVMH CEO Bernard Arnault eldest son Antoine Arnault bought a $18.8 million property in France Parcs de Saint-Tropez.   In 2023 June, billionaires Tesla CEO Elon Musk with $234 billion fortune and LVMH Chairman & CEO Bernard Arnault with $225 billion fortune had lunch together in Paris (France) on 19th June 2023 (Friday).  Elon Musk mother (Maye Musk) and Bernard Arnault 2 sons (Antoine Arnault & Alexandre Arnault) joined in the lunch in Paris too.  Elon Musk is in Paris to attend the 7th Viva Technology Conference (14th to 17th June 2023), organized by Publicis Groupe (3rd Largest Communications Group) and Les Echos (France newspaper).  Elon Musk, Bernard Arnault, Co-Founder of Salesforce Marc Benioff, and France President Emmanuel Macron are speakers of the event (7th Viva Technology Conference).

World Richest Man LVMH Chairman & CEO Bernard Arnault with $210 Billion Fortune Appoints Son Frederic Arnault Age 29 as Director of Family Holding Company Financiere Agache, Frederic Arnault is Chairman & CEO of LVMH Watches, Financiere Agache Owns 96% of Holding Company Christian Dior Which Owns 42% of LVMH, LVMH Current Market Value at $414 Billion

6th June 2024 – The world’s richest man LVMH Chairman & CEO Bernard Arnault with $210 billion fortune has appointed his son Frederic Arnault (Age 29) as Director of family holding company Financiere Agache.  Frederic Arnault is currently the Chairman & CEO of LVMH Watches.  Bernard Arnault family holding company Financiere Agache owns 96% of holding company Christian Dior, which owns 42% of LVMH.  LVMH has a current market value of $414 billion (6/6/24).  In 2024 February, LVMH CEO Bernard Arnault eldest son Antoine Arnault bought a $18.8 million property in France Parcs de Saint-Tropez.   In 2023 June, billionaires Tesla CEO Elon Musk with $234 billion fortune and LVMH Chairman & CEO Bernard Arnault with $225 billion fortune had lunch together in Paris (France) on 19th June 2023 (Friday).  Elon Musk mother (Maye Musk) and Bernard Arnault 2 sons (Antoine Arnault & Alexandre Arnault) joined in the lunch in Paris too.  Elon Musk is in Paris to attend the 7th Viva Technology Conference (14th to 17th June 2023), organized by Publicis Groupe (3rd Largest Communications Group) and Les Echos (France newspaper).  Elon Musk, Bernard Arnault, Co-Founder of Salesforce Marc Benioff, and France President Emmanuel Macron are speakers of the event (7th Viva Technology Conference).

LVMH CEO Bernard Arnault Eldest Son Antoine Arnault Buys $18.8 Million Property in France Parcs de Saint-Tropez, Bernard Arnault is 3rd Richest Man in the World with Estimated Fortune of $196 Billion

24th February 2024 – LVMH CEO Bernard Arnault eldest son Antoine Arnault has bought a $18.8 million property in France Parcs de Saint-Tropez.  Bernard Arnault is the 3rd richest man in the world with an estimated fortune of $196 billion.  In 2023 June, billionaires Tesla CEO Elon Musk with $234 billion fortune and LVMH Chairman & CEO Bernard Arnault with $225 billion fortune had lunch together in Paris (France) on 19th June 2023 (Friday).  Elon Musk mother (Maye Musk) and Bernard Arnault 2 sons (Antoine Arnault & Alexandre Arnault) joined in the lunch in Paris too.  Elon Musk is in Paris to attend the 7th Viva Technology Conference (14th to 17th June 2023), organized by Publicis Groupe (3rd Largest Communications Group) and Les Echos (France newspaper).  Elon Musk, Bernard Arnault, Co-Founder of Salesforce Marc Benioff, and France President Emmanuel Macron are speakers of the event (7th Viva Technology Conference).

Billionaires Tesla Elon Musk with $234 Billion Fortune & LVMH Bernard Arnault with $225 Billion Fortune Have Lunch in Paris on 17th June 2023 Friday, Combined Fortune of $459 Billion

20th June 2023 – Billionaires Tesla CEO Elon Musk with $234 billion fortune and LVMH Chairman & CEO Bernard Arnault with $225 billion fortune had lunch together in Paris (France) on 19th June 2023 (Friday).  Elon Musk mother (Maye Musk) and Bernard Arnault 2 sons (Antoine Arnault & Alexandre Arnault) joined in the lunch in Paris too.  Elon Musk is in Paris to attend the 7th Viva Technology Conference (14th to 17th June 2023), organized by Publicis Groupe (3rd Largest Communications Group) and Les Echos (France newspaper).  Elon Musk, Bernard Arnault, Co-Founder of Salesforce Marc Benioff, and France President Emmanuel Macron are speakers of the event (7th Viva Technology Conference).

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